SOURCE: Financial Leadership Group, LLC

April 30, 2007 12:24 ET

Financial Leadership Group Announces Addition of Two New Principals

Bay Area Professional CFO Services Group Continues to Thrive

SAN MATEO, CA -- (MARKET WIRE) -- April 30, 2007 -- Financial Leadership Group, LLC (www.flgllc.com) announced the addition of two principals to the consulting firm, bringing the total number of professionals to 17.

FLG's newest principals, Dan D. Gravelle and Mary P. Korn, are seasoned finance executives with significant management and operating experience with both public and private companies.

"Both Dan Gravelle and Mary Korn are high impact additions to the FLG team," said Jeffrey S. Kuhn, co-founder and managing principal of FLG. "Because of our 'financial leadership' model, we are uniquely positioned to take advantage of the growth in outsourcing CFO-level responsibilities. I am very pleased to have Dan and Mary on board as we look to continue our accelerated growth."

Mr. Gravelle (www.flgllc.com/principals.htm) has nearly 30 years of financial experience, including extensive merger, acquisition, restructuring and divestiture activity for high tech companies. Most recently, Mr. Gravelle was a consulting CFO for early stage start-up companies with an emphasis in the semiconductor and semiconductor capital equipment sectors. He also held financial positions at LSI Logic, DSC Communications, Granger Associates, Alumax and Liquid Air. Mr. Gravelle holds a Bachelor of Science degree in accounting from the California State University, Chico, and an M.B.A. in finance from Golden Gate University.

Ms. Korn (www.flgllc.com/principals.htm) brings over 25 years of experience in corporate finance, accounting, debt financing, investor relations, systems and operations to her new position. Her emphasis is working with technology firms including networking technology, Internet software and software as a service (SaaS). Prior to joining FLG, Ms. Korn was CFO of OpSource, an infrastructure provider for SaaS firms. Previously, she held CFO or vice president of finance positions at Propel Software, Internet Devices, Electroglas and Knights Technology. Ms. Korn holds a Bachelor of Arts degree in finance from Marietta College and an M.B.A. from Santa Clara University.

About Financial Leadership Group

Founded in 2004, Financial Leadership Group (www.flgllc.com) provides financial and operational guidance to companies from funded startups to mid-size, public companies across many industries. The firm's principals, each with long CFO credentials, accept interim or permanent assignments in leadership roles that vary from consulting engagements to employed corporate officer. Averaging more than 20 years' experience each, FLG's principals bring substantial expertise, objectivity and industry best-practices leadership to key transactional requirements, including business planning and execution; financings; SEC reporting and compliance; mergers, acquisitions and divestitures; and troubled-company turnarounds and restructurings.

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